Price Analysis 07/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

The price is again struggling to sustain above $12,000, which shows selling at higher levels.

Conversely, if the price holds above the downtrend line, it will indicate demand on dips.

If bulls push the price above $235.70, it is likely to resume its uptrend.

The pair will start a downtrend on a break below $192.945.XRP/USDThough XRP rose above the 20-day EMA on Aug. 5, it could not close above it.

It proved to be a fake breakout as the price could not sustain above it and the digital currency quickly dipped back into the triangle on Aug. 6.Currently, bulls are trying to keep the BCH/USD pair above the 20-day EMA. If successful, we anticipate another attempt to break out of $345.80.

As the digital currency did not close above $105.676, our buy proposed in the previous analysis did not trigger and stands canceled.

BNB/USDBinance Coin has broken above the 20-day EMA and is now attempting to rise above the uptrend line.

Conversely, if the price fails to scale above the uptrend line, bears will attempt to sink it below $3.8723.

If the price stays above $136.890, we anticipate another attempt by the bulls to break out of the channel.

The positive thing is that bulls are attempting to keep the price above the 50-day SMA. If successful, we anticipate another attempt to scale $98.2939, above which a rally to $107 is likely.